Can the almighty dollar really control an election? FEC Commissioner Lee Goodman explained what's working and what's not in our campaign finance system.
They discussed the amount of money spent, so far, this election. Goodman said that this election cycle has had the most money spent, ever. Looking at 2012, and counting all congressional and presidential money, 7.6 billion dollars were spent, said Goodman.
So far in this two year cycle, six billion dollars have been spent. Goodman estimated that the amount of spending this election will be between eight and ten billion dollars.
Goodman said that while many argue that money is going to buy the election, most super PAC money is ineffective. He cited Bush and Rubio's failed campaigns as examples of failed super PAC money.
"The people still decide who gets elected," said Goodman. "The people still vote." He said that the people who spend the most money often don't win.
